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ONLINE VIEWING "INCREASINGLY SIGNIFICANT" TO TV
VIEWING UP, BUT NOT ON TRADITIONAL TV TV viewing on internet-connected devices such as Roku, Apple TV and Google Chromecast keeps growing. Pivotal Research analyst Brian Wieser's monthly crunching of Nielsen data shows average household viewing on such devices grew 43% during January. That may've been a somewhat smaller rate of increase compared to recent months, but Wieser says web TV viewing is "increasingly significant" to the industry. He calculates that it made up 13.5% of viewing among Adults 18-49 last month. That compares to 9.6% in Jan. 2017 and 6.1% in Jan. 2016. At the same time Nielsen data shows total use of television across the whole day slipped 0.3% in terms of average household viewing last month. And among Adults 18-49 year olds Wieser calculates TV viewing slipped 5% (total day) and was down 10% on ad-supported cable and English-language broadcast networks. But those declines may not be what they seem. Wieser says viewing on internet-connected devices accounts for some of the drop. If that viewing was tracked by Nielsen in its standard TV ratings he thinks year-over-year video consumption would be pretty flat. "It doesn't seem likely that this data will be included in any comprehensive industry-wide total audience metric any time soon," he added in a new report. So what's a traditional TV or cable company to do? Go online. That's exactly what Fox News Channel is doing as it announces the launch of a companion Over-the-Top (OTT) platform Fox Nation. "With our traditional cable viewership at an all-time high, we are proud to announce a new digital offering geared entirely toward the Fox News super-fans," Fox SVP John Finley says. Programming will be different than what's on cable and satellite TV. Fox Nation will feature opinion talk plus 20-years'worth of archival FNC programming. The subscription streaming service is set to debut in the fourth quarter. CBSN--the digital news network from CBS--offers a hint of what Fox Nation could do for FNC, whose average viewer age of 65. CBS says nearly 80% of the CBSN audience is between the ages of 18 and 49 and the average age is 38. "As more and more viewing happens on digital platforms, we're just beginning to benefit from better CPMs as a result of more targeted digital advertising," CEO Les Moonves said last week. The result is CBS says it has already booked "tens of millions" of dollars in profit from CBSN.
ADVERTISER NEWS Home Depot's revenue and profit topped Wall Street
estimates for the sixth straight quarter as more shoppers
visited the home improvement chain and, on average,
spent more in an improving housing market. Reuters says
ales at Home Depot stores open for more than a year rose
7.5 percent in the fourth quarter, ending Jan. 28. Customer
transactions rose 2 percent, while the average check
value rose 5.5 percent....Amazon has quietly launched an exclusive line of over-the-counter health products, according
to CNBC. Technically, the company doesn't
own these products, which are produced by
private-label manufacturer Perrigo, but it does put Amazon in a position to squeeze
other retailers. Amazon launched the `Basic Care' line in August; 60 products ranging from ibuprofen to hair regrowth treatment.
Who cares the most? Pharmacies make
money when people walk in looking to grab
medicine and end up buying cosmetics and other goods.
And they're already losing traffic as people shop for those
products online. Giving them another possible reason to
skip the store could hurt even more... says
Albertsons will acquire more than 2,500 Rite Aid stores, creating a company with estimated revenues of $83 billion.
The remainder of Rite Aid's stores -- around 2,000 locations
-- will be sold to Walgreens under an agreement reached with federal regulators, which blocked a full merger of the
two companies back in 2015. The combined Albertsons and
Rite Aid company will operate around 4,900 stores and 4,300
pharmacies, along with 320 clinics. Albertsons' pharmacies
will be rebranded under the Rite Aid name.... Shares of
Fogo de Chao skyrocketed more than 25 percent after the company disclosed it was being acquired by Rhone Capital
in a deal worth $560 million. The transaction is expected
to close in the second quarter...Applebee's will close as many as 80 restaurants this year on top of the nearly 100
it closed last year, while opening between 10 and 15 as it
looks to improve the restaurant's fortunes.......In 2017, U.S.
comparable same-restaurant sales fell 5.3% at Applebee's,
and also slipped at sister chain, IHOP, where they declined 1.9% last year.... Walmart, which had improved its e-commerce operations over the past year, stumbled in the
fourth quarter after misjudging its online inventory for the
holiday season, sending its stock tumbling and slicing more
than $31 billion from its market capitalization, says the Wall
Street Journal. Walmart shares fell more than 10% Tuesday,
with the downdraft pulling many retail stocks along. It was
the biggest one-day drop in stock price in more than two
years for the world's largest retailer.
CABLENET CHATTER
GENESIS SNUB ANGERS SOME DEALERS
Fox News Channel has announced the launch of a While some Hyundai dealers in key markets are relieved
new subscription-based streaming service called Fox to have the chance to bid for Genesis franchises, other
Nation. The new service will offer commentary and opinion dealers are bitter over the tumultuous rollout of the luxury
programming for "superfans" of the network even when brand's retail network, and the fact that they'll be left out
primetime hosts like Sean Hannity and Tucker Carlson of it.
are not on the air. In launching the new service, Fox News The Genesis launch has been less than optimal, conceded
Channel is joining other traditional media companies Andrew DiFeo, chairman of the Hyundai National Dealer
seeking to offer new subscription-based options to reach Council. It took some back and forth with the automaker
some of the consumers that are migrating to on-demand to get something close to a fair deal to compensate the
streaming video. The cost of the service will be announced disenfranchised dealers, DiFeo said, but some dealers still
"at a later date", according to the press release. Recently, aren't happy with the outcome.
the Walt Disney company outlined the
When the rollout is complete, the vast
launch of ESPN Plus an over-the-top
majority of Hyundai's 850 dealers will
service that's expected to debut in the
lose their right to carry Genesis products,
coming weeks. CBS Corp. is planning
including all of the nearly 500 stores that
the launch a sports service called CBS I'm pretty bad at math until
sell only the Genesis G80, as Genesis
Sports HQ later this month, and another someone orders mozzarella
trims its network to about 100 stores
service based on its Entertainment
sticks for the table.
concentrated in 48 markets.
Tonight program later this year......A
Just a few years ago, Hyundai believed
former host for CNBC and MSNBC is
it could launch luxury vehicles without
considering a run for a seat in Congress. Dylan Ratigan is expected to announce
stand-alone stores. He recalled the brand saying that luxury buyers didn't care
his candidacy for New York's 21st
about fancy countertops and buildings.
Congressional district currently held by
Now, the strategy has flipped, and he
Republican Elise Stefanik who was first elected in 2014. thinks the brand is preoccupied with trying to be Lexus,
The district is in the far northern part of the state, including says
a 445-mile border with Canada. Ratigan was born there and
his grandfather was the mayor of the Adirondack Mountain THIS AND THAT
town of Saranac Lake. Ratigan started his broadcasting
Nike became the first brand to sell a product directly
career at Bloomberg in 1995 and rose to global managing through the Snapchat app over the weekend, with a
editor. He left Bloomberg for CNBC in 2003 where hosted special pre-release of its Air Jordan III "Tinker" shoe that
Closing Bell and co-created and hosted Fast Money. He will hit stores in March, according to TechCrunch. People
left for MSNBC in 2009 and remained there until 2012. He who attended a Nike party after the NBA All-Star game on
shot a pilot for CNN in 2014 that was not picked up...... Sunday could scan exclusive Snap codes to open the app
Former anchor Gretchen Carlson left Fox News in July and purchase the sneakers for same-day delivery. The
of 2016 and has since become a staunch and high-profile shoes sold out within 23 minutes....Acura's doing what
advocate for workplace equality, female empowerment, it can to fight distracted driving. Acura's center stack is
and has worked combating sexual harassment. The Radio getting an extreme makeover with the introduction of a new
Television News Foundation will honor Carlson for that touchpad-controlled full HD display screen in the '19 RDX.
work next month with the organization's First Amendment The new touchpad-based HMI system with a single screen
Leadership Award. The organization said that Carlson replaces Acura's old, controversial dual-screen layout that
deserves the award for "her perseverance in face of used both a touchscreen and dial to control access to
adversity and dedication to bringing the truth to light." A menus and functions. It created confusion among some
sexual harassment suit filed by Carlson against Fox News users about what functions could be accessed in which
co-founder Roger Ailes set in motion events that forced her screen.
former employer to change its company culture, and has led
to several lawsuits, the revelation of tens of millions of dollars DOMINOS NOW THE KING OF PIZZA SALES
in settlements, and it has cost top media executives, TV
Domino's Pizza finally grabs the crown as top pizza
news anchors, and personalities their jobs. Carlson has also seller. Domino's says its global retail sales exceeded $12.2
been credited as one of the first high-profile whistleblowers billion in 2017. Pizza Hut, owned by Yum Brands, earlier
involved in today's #MeToo movement. Carlson will receive this month reported global system sales of $12.03 billion.
the award at the 2018 First Amendment Awards Dinner & Domino's fourth-quarter sales at U.S. pizza shops rose
Show on March 8th in Washington D.C......ESPN's College 4.2 percent -- and that's after half a percentage point was
GameDay Covered by State Farm will make its first visit to shaved off, the chain says, because New Year's Day,
Lubbock, Texas this Saturday when No.7 Texas Tech hosts one of the top few days for pizza orders, wasn't part of
No. 13 Kansas. The morning show will begin at 11 AM (ET) Domino's fourth quarter as it was in 2016. (The company's
and will be live from the United Supermarkets Arena. The fiscal year closed Dec. 31, 2017, versus Jan. 1, 2017 a
game will air on ESPN at 4:15 PM (ET) preceded by an year earlier.)
evening edition of College GameDay.
Pizza Hut still has a lead in the number of locations.
There were 16,748 Pizza Hut locations globally at the end
of 2017, versus 14,856 Domino's shops.
PAGE 2
Wednesday, February 21, 2018
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